
5427 WATER STREET, NEW PORT RICHEY, FL 34652
C E CRAFTS SUB · Pasco County
Key Facts
Description
This 2,920 SF New Port Richey professional office building is located on a shared (2 unit) site. The space was formerly used as a medical lab but would work nicely as a medical office as it is located in a market surrounded by dense residential and complementary medical uses. As you walk through the front door, you enter into a large reception and waiting area with a waiting room large enough to accommodate 12-14 guests. The adjacent reception office is set up for two stations with an open bullpen area behind it. At the rear of the space, there are 4 private offices / exam rooms, 2 restrooms, a large open area, and another wide open bullpen area. The space is in need of some cosmetic improvement and is ready for a new occupant to put their imagination to use with this flexible open floor plan. Located in New Port Richey just east of US-19 with easy access to the Suncoast Parkway and Veterans Express.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1982
Stories
1
Living Area
2,920 sq ft
Lot Size
0.11 acres
Ownership
Other
Days on Market
432
MLS® Listing#
TB8365712
Property Features
Cooling
Construction
Foundation
Financial Details
Annual Taxes
$3,809
Tax year 2024
Parcel Number
16-26-08-0230-00000-0350
Directions
Veterans Express North (589-TOLL), take exit 19 toward SR-54/New Port Richey/Zephyrhills, turn left onto SR-54 W, 12.0 miles, turn right onto Grand Blvd (CR-595 N), 0.5 miles, continue on Grand Blvd (CR-595), 0.9 miles, turn left onto Water St, 0.1 miles to property.
Affordability Calculator
$77,800
Estimated monthly payment
$2,070/mo
Principal $311,200 · Est. interest $434,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in NEW PORT RICHEY, FL
- $369,914
- Median Listing Price
- 97
- Median Days on Market
- 1,625
- Median Sq Ft
- $218
- Median Price / Sq Ft
- 7,418
- Active Listings
- This home’s price is 5% above the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in NEW PORT RICHEY, FL.
Location
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Listing Courtesy: BAY STREET COMMERCIAL LLC - 813-254-6756
Last Updated: 2025-03-24











